USATXSan AntonioWoodlawn Park1409 W Woodlawn Ave

1409 W Woodlawn Ave, San Antonio, TX

Name: 1409 W Woodlawn Ave, For Sale in San Antonio - Zoocasa
Brand: Devora Realty
SKU: 1932637
Price: 650000 USD

House

For Sale

Listed price in listed location currency (USD).

$650,000

000

MLS® 1932637

Key Facts
Description
Map

Key Facts

Type Multi Family

Levels Residential Income

Size 7484 sqft

Garage

Taxes $15,253

Days Active 137

Lot Size

Approx. Age 1940

Avg. Price Per Sqft $86

MLS® Number 1932637

Property Address: 1409 W Woodlawn Ave, San Antonio, TX, 78201-5532

Average square foot calculated using Size range provided by listing agent.

Description

Prime value-add 8-plex offered at $650, 000 in a highly desirable infill San Antonio location. Built in 1940, 1409 W Woodlawn Ave is a two-story brick multifamily property totaling 10, 851 SF on a 0.44-acre lot, zoned MF-33 (Multi-Family District). The property presents a compelling value-add opportunity, with 6 of 8 units already renovated and achieving higher market rents based on historical leasing trends. The remaining 2 units offer immediate upside, along with additional potential through light cosmetic upgrades and continued rent optimization. A key differentiator is the full basement level, featuring individual storage cages and existing laundry connections, offering a clear path to additional revenue streams through tenant storage and on-site laundry income-further enhancing overall returns. Stabilized proforma NOI is projected at $58, 080, translating to an 8.31% cap rate at the offering price. Additional upside exists through exterior improvements, including a landscaping and curb appeal refresh to further elevate tenant demand and market positioning. Ideally located near strong lifestyle and employment drivers, the property is just 0.9 miles from Woodlawn Lake Park, 1.5 miles from San Pedro Springs Park, and 0.6 miles from Deco Plaza retail. It also benefits from proximity to major educational institutions including San Antonio College (1.6 miles), Trinity University (3.5 miles), and St. Mary's University (4.0 miles). Downtown San Antonio is approximately 3 miles away. Seller is motivated and offering up to $20, 000 in closing cost assistance, creating an attractive opportunity for investors to reduce upfront capital and enhance overall returns. With a strong combination of in-place income, proven renovation upside, and additional revenue potential, this asset is well-positioned for investors seeking both cash flow and long-term appreciation.

MLS® Number1932637

Laundry Level

Central VacNo

FireplaceNo

Acreage

Exterior

Garage

Approx. Age1940

Basement

Driveway

Garage Spaces

Heat

A/C

Heating Fuel

Extras

Price History

-End Date

Not Sold YetSold Price

For Sale

Jan 9, 2026List Date

$650,000List Price

Commute

Commute

Starting Address

Destination Address

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